Optimal indolence: A normative microscopic approach to work and leisure

Abstract

Dividing limited time between work and leisure when both have their attractions is a common everyday decision. We provide a normative controltheoretic treatment of this decision that bridges economic and psychological accounts. We show how our framework applies to free-operant behavioural experiments in which subjects are required to work (depressing a lever) for sufficient total time (called the price) to receive a reward. When the microscopic benefit-of-leisure increases nonlinearly with duration, the model generates behaviour that qualitatively matches various microfeatures of subjects' choices, including the distribution of leisure bout durations as a function of the payoff. We relate our model to traditional accounts by deriving macroscopic, molar, quantities from microscopic choices. © 2013 The Author(s) Published by the Royal Society. All rights reserved.